Inflation 'unprecedented' says Britvic

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DimPrawn replied

25 February 2011, 20:39
Fire up the printing presses!
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Paddy replied

25 February 2011, 19:55
Originally posted by TimberWolf View Post

Inflation may be doubling every few weeks, but at least Britvic shares are getting cheaper.

Inflation is caused by the bankers investing in commodities because real industry is rather dead now. The same thing happened just before the banking collapse, eg buying up oil, sugar, coffee etc. The UK are world leader in the double dip recession.
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AtW replied

25 February 2011, 19:45
He needs to read CUK more often - he'd know that this deflation is totally necessary to allow banks make quick buck and continue to pay ridiculous bonuses so that they can get taxed at ridiculous rate etc etc.
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TimberWolf started a topic Inflation 'unprecedented' says Britvic

25 February 2011, 18:36
Inflation 'unprecedented' says Britvic

The chief executive of the drinks group Britvic added to the increasing concern about rising prices last night when he said that he had never before seen such big increases in the cost of raw materials in such a short period of time.

The company, whose portfolio of brands includes Robinsons and Tango, said the pace of price rises in recent weeks had been "unprecedented", so much so that has now almost doubled its estimate of input-cost inflation for the UK and Ireland to 9-11 per cent, against 5-6 per cent previously.

Inflation 'unprecedented' says Britvic - Business News, Business - The Independent

Inflation may be doubling every few weeks, but at least Britvic shares are getting cheaper.
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